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Geopolitical oil price risk not a major driver of global macroeconomic fluctuations


Abstract: Notwithstanding the attention geopolitical events in oil markets have attracted, we find that geopolitical oil price risk is unlikely to generate sizable recessionary effects.

Keywords: energy; oil prices; international economics;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2025/0218
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2025-02-18